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AASB Virtual Roundtable – Exposure Draft, “Proposed Revisions to the Canadian Auditing Standards for Audit Evidence and Risk Response”

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Are the proposed changes practical and effective? Join an upcoming AASB roundtable to discuss the Exposure Draft, Proposed Revisions to the Canadian Auditing Standards (CASs) for Audit Evidence and Risk Response. Your feedback on the proposed changes to CAS 330, CAS 500, and CAS 520 will help inform standards that work for Canadians. Register for the English session on October 7, 2026, or the French session on October 13, 2026.

 
AcSB Virtual Roundtable – Consultation Paper, “Improvements to Section 4450, Reporting Controlled and Related Entities by Not-for-Profit Organizations”

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How should not-for-profit organizations report their relationships with controlled and related entities? Join the AcSB for a virtual roundtable discussion on its Consultation Paper, Improvements to Section 4450, Reporting Controlled and Related Entities by Not-for-Profit Organizations. Gain insight into the proposed changes, discuss potential impacts on not-for-profit organizations, and share your perspective directly with the Board. Participate in the French session on October 28, 2026, or the English session on October 29, 2026.

 
 
 
 
PSAB Survey: 2027-2032 Draft Strategic Plan

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The future of public sector financial reporting starts with your input. Review PSAB's Draft Strategic Plan and share your views on proposed strategies to advance high-quality accounting standards, strengthen relationships with interested and affected parties and standard setters, and support forward-looking reporting. Complete our survey by October 15, 2026.

News Listings

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June 18, 2019

Meeting Summary

AcSB Decision Summary – June 18, 2019

The Board discussed topics such as IFRS® Standards, Employee Future Benefits, Combinations, and Contributions, among others.

June 14, 2019

International Activity

IASB Exposure Draft – Reference to the Conceptual Framework (Proposed amendments to IFRS 3)

The IASB has issued an Exposure Draft proposing amendments to IFRS 3 Business Combinations. Canadian stakeholders are encouraged to submit their comments to the IASB by September 27, 2019.

June 13-14, 2019

Meeting Summary

AASOC Public Meeting Report – June 13-14, 2019

At its public meeting in Toronto, the Council discussed the activities of the AASB and other related matters. The Council also received an update on the activities of the Performance Review Committee and the Nominating and Governance Committee. Read the full report for more information.

June 10-11, 2019

Meeting Summary

AASB Decision Summary – June 10 -11, 2019 Meeting

The Board discussed several topics during this two-day meeting including, Identifying and Assessing the Risk of Material Misstatement, Public Sector Auditing Standards, Compilation Engagements, and Quality Management. Read the Decision Summary for full details.

June 6, 2019

News

AASOC 2018-2019 Annual Report – Keeping the public interest top of mind

This year, our key initiatives focused on continuing to improve some of our foundational oversight processes. Read more about the work we did over the past year and our oversight of the Auditing and Assurance Standards Board and the Independence task Force.

June 6-7, 2019

Meeting Summary

AcSOC Public Meeting Report – June 6-7, 2019

At its recent meeting in Edmonton, the Council discussed the activities of the AcSB, PSAB, and other related matters. The Council also received a presentation on cannabis accounting, and an update on the activities of its Performance Review Committee and its Nominating and Governance Committee. Read the full report for more information.

June 6, 2019

News

AcSB invites IASB’s Board Advisor on Insurance to Canada

Save the date! On July 18, 2019, the AcSB will host a panel discussion featuring Darrel Scott, IASB Board Member and Advisor on the IASB’s Insurance project, and other experts from the financial reporting community. The AcSB is sponsoring this activity as part of its ongoing work to ensure Canadians are supported during the implementation phase of new standards, and also to ensure Canadian views are heard. Stay tuned for more details in the coming weeks!

May 31, 2019

International Activity

IASB Exposure Draft – Annual Improvements to IFRS® Standards 2018-2020

The IASB has issued an Exposure Draft proposing amendments to IFRS Standards as part of its Annual Improvements process. Canadian stakeholders are encouraged to submit their comments to the IASB by August 20, 2019.

May 30, 2019

International Activity

IAASB Discussion Paper - Audits of Less Complex Entities

The IAASB has issued a Discussion Paper Audits of Less Complex Entities. Canadian stakeholders are encouraged to submit their comments to the IAASB by September 12, 2019.

May 30, 2019

Document for Comment

AASB Discussion Paper – Audits of Less Complex Entities

The AASB has issued its Discussion Paper that corresponds to the IAASB’s discussion paper on this topic. Stakeholders are encouraged to submit their comments by August 14, 2019.